AN vs CORT: Correlation
Measured on weekly returns over the past three years, AutoNation, Inc. (AN) and Corcept Therapeutics Incorporated (CORT) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AN and CORT?
Over the past 3 years, AN and CORT moved with a correlation of 0.30, which is moderate. Little has changed lately, as the 1-year reading of 0.26 lands near the 3-year figure. Over 5 years the correlation is 0.18, and the annualized covariance of weekly returns is 558.1 %².
CORT is close to the least connected end of AN's tracked universe, ranking #10 of 13. Correlation aside, the last 12 months split them widely, with CORT ahead by 78.2 points (-10.5% versus +67.7%). Note the risk asymmetry: CORT runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AN vs CORT: side by side
| AN (AutoNation, Inc.) | CORT (Corcept Therapeutics Incorporated) | |
|---|---|---|
| 1-year return | -10.5% | +67.7% |
| 5-year return | +79.8% | +443.1% |
| Volatility (ann.) | 28.5% | 65.2% |
| Beta vs S&P 500 | 0.84 | 0.53 |
| Max drawdown (3Y) | -21.4% | -71.9% |
| Market cap | $6.6B | $12.6B |
| P/E (trailing) | 9.1 | 265.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AN | CORT |
|---|---|---|
| 2022 | -8.2% | +2.6% |
| 2023 | +40.0% | +59.9% |
| 2024 | +13.1% | +55.1% |
| 2025 | +21.6% | -30.9% |
| 2026 | -3.7% | +236.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AN and CORT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AN and CORT?
As of 2026-08-27, the correlation of weekly returns between AN and CORT is 0.30 over 3 years, 0.26 over 1 year and 0.18 over 5 years.
Is CORT a good diversifier for AN?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/an-vs-cort.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/an-vs-cort/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AN correlations · CORT correlations
